Since 2014
DEVELOPMENT OF THE POLAK MODEL
Wroclaw Review of Law, Administration & Economics
View Archive Info| Field | Value | |
| Title |
DEVELOPMENT OF THE POLAK MODEL
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| Creator |
Nowak, Wioletta
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| Description |
The paper presents an analysis of different modifications of the Polak model that serves as the basis of the IMF’s stabilization programs. According to the standard model, control over net domestic credit expansion is the key to stabilizing the balance of payments. In order to achieve the targeted values for the balance of payments and the rate of inflation in the extended Polak model, the authorities have two policy instruments at their disposal, i.e. domestic credit creation and the nominal exchange rate.
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| Publisher |
University of Wroclaw
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| Contributor |
—
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| Date |
2012-11-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://wrlae.prawo.uni.wroc.pl/index.php/wrlae/article/view/27
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| Source |
Wroclaw Review of Law, Administration & Economics; Vol 2, No 1 (2012): Issue 1; 28-35
2084-1264 |
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| Language |
eng
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| Relation |
http://wrlae.prawo.uni.wroc.pl/index.php/wrlae/article/view/27/49
http://wrlae.prawo.uni.wroc.pl/index.php/wrlae/article/view/27/83 |
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